Abrahamsen Danielle Nicole 4

What Happened

• Danielle Nicole Abrahamsen, Chief Accounting Officer at Commvault Systems, reported sales of company stock. She disposed of 896 shares at $106.19 ($95,146), 169 shares at $104.01 ($17,578) on May 19, 2026, and 365 shares at $99.13 ($36,182) on May 20, 2026 — a total of 1,430 shares for roughly $148,906. All transactions are reported as sales (S).

Key Details

• Transaction dates and prices:
  • 2026-05-19: 896 sh @ $106.19 = $95,146 (sale)
  • 2026-05-19: 169 sh @ $104.01 = $17,578 (sale)
  • 2026-05-20: 365 sh @ $99.13 = $36,182 (sale)
• Total shares sold: 1,430; approximate proceeds: $148,906.
• Shares owned after the transactions: not specified in the provided Form 4 excerpt.
• Footnotes:
  • F1: One or more sales were effected under a Rule 10b5‑1 trading plan adopted Feb 17, 2026.
  • F2: Some shares were automatically sold solely to satisfy tax withholding on vesting of performance stock; proceeds were submitted to the IRS.
• No late filing indicator was provided in the information supplied.

Context

• These were sales, which are common for executives (including routine plan-based sales and tax-withholding sales) and do not by themselves signal management’s view of the company’s prospects. The presence of a 10b5‑1 plan indicates pre-planned trading; the tax-withholding sale reflects vesting-related obligations rather than an active market-timing decision.